LSCM 4560 FINAL REVIEW 119 QUESTIONS &
ANSWERS RATED 100% CORRECT.
Although the volume of containers flowing through our ports represents a
significant challenge, the container volume is concentrated within a relatively
small number of ports. Eighty-seven percent of the TEUs are handled by how
many US ports? Answer - ten
Containers are typically loaded and support freight movements several times
each year. On average, containers are loaded how many times per year?
Answer - ten
To mitigate the risks associated with global trade, the United States
government has adopted Answer - A layered strategy
Which organization has the responsibility for assessing port vulnerability and
setting standards for port security? Answer - US Coast Guard
This Customs and Border Protection (CBP) initiative requires that the manifest
for shipments bound for the United States be provided 24 hours in advance of
loading aboard ship at the port of debarkation. Answer - Container Security
Initiative
This security initiative seeks to identify and inspect containers representing a
potential threat at the point of embarkation rather than in the United States.
Answer - Container Security Initiative (CSI)
,Under this voluntary program, US companies agree to certify the security of
their supply chain from point-of-origin to final destination. Answer - Customs
Trade Partnership Against Terrorism
VACIS is used at ports to Answer - Screen containers using gamma radiation
CBP has the responsibility for inspecting inbound containers. They physically
inspect what percent of incoming containers? Answer - five percent or less
Customs and Border Patrol uses this system to electronically clear shipments
entering the United States: Answer - Automated Commercial Environment
(ACE)
The single largest trading partner with the United States is: Answer - Canada
A comparison of the modal split between the United States and Europe
indicates: Answer - None of the above
Texas ranks as the 15th largest trading partner in the world. Texas trades more
with this country than any other: Answer - Mexico
A comparison of the modal split between the United States and Europe
indicates: Answer - None of the above
The country or region with the lowest logistics costs, as expressed as a percent
of gross domestic product (GDP) is: Answer - United States
Companies such as JC Penney have separate departments for managing
international transportation. The difference in international transportation
, contributing to this need for a separate international transportation staff is:
Answer - Use of different carriers and transportation modes
Global transportation managers confront several challenges. This challenge
addresses the severe congestion problems that transportation managers
confront when moving heavy volumes of traffic. Answer - Trade level
fluctuation
The text identifies several channel issues and the concept of logistics channels
for managing key product and information flows. Which of the following was
identified as a logistics channel? Answer - Transaction Channel
Which mode moves no international tonnage for the United States? Answer -
None of the above
A free trade agreement Answer - Lifts most or all tariffs, quotas, and other
barriers to trade between countries
A maquiladora is: Answer - A manufacturing plant in Mexico where no
Mexican import duties are paid on goods returning to the United States
Which transportation mode moves the most tonnage between the United
States and its NAFTA trading partners? Answer - Water
This financial instrument ensures the exporter gets paid and the importer
receives the goods. The instrument is issued by the importer's bank to the
exporter. Answer - Letter of Credit
ANSWERS RATED 100% CORRECT.
Although the volume of containers flowing through our ports represents a
significant challenge, the container volume is concentrated within a relatively
small number of ports. Eighty-seven percent of the TEUs are handled by how
many US ports? Answer - ten
Containers are typically loaded and support freight movements several times
each year. On average, containers are loaded how many times per year?
Answer - ten
To mitigate the risks associated with global trade, the United States
government has adopted Answer - A layered strategy
Which organization has the responsibility for assessing port vulnerability and
setting standards for port security? Answer - US Coast Guard
This Customs and Border Protection (CBP) initiative requires that the manifest
for shipments bound for the United States be provided 24 hours in advance of
loading aboard ship at the port of debarkation. Answer - Container Security
Initiative
This security initiative seeks to identify and inspect containers representing a
potential threat at the point of embarkation rather than in the United States.
Answer - Container Security Initiative (CSI)
,Under this voluntary program, US companies agree to certify the security of
their supply chain from point-of-origin to final destination. Answer - Customs
Trade Partnership Against Terrorism
VACIS is used at ports to Answer - Screen containers using gamma radiation
CBP has the responsibility for inspecting inbound containers. They physically
inspect what percent of incoming containers? Answer - five percent or less
Customs and Border Patrol uses this system to electronically clear shipments
entering the United States: Answer - Automated Commercial Environment
(ACE)
The single largest trading partner with the United States is: Answer - Canada
A comparison of the modal split between the United States and Europe
indicates: Answer - None of the above
Texas ranks as the 15th largest trading partner in the world. Texas trades more
with this country than any other: Answer - Mexico
A comparison of the modal split between the United States and Europe
indicates: Answer - None of the above
The country or region with the lowest logistics costs, as expressed as a percent
of gross domestic product (GDP) is: Answer - United States
Companies such as JC Penney have separate departments for managing
international transportation. The difference in international transportation
, contributing to this need for a separate international transportation staff is:
Answer - Use of different carriers and transportation modes
Global transportation managers confront several challenges. This challenge
addresses the severe congestion problems that transportation managers
confront when moving heavy volumes of traffic. Answer - Trade level
fluctuation
The text identifies several channel issues and the concept of logistics channels
for managing key product and information flows. Which of the following was
identified as a logistics channel? Answer - Transaction Channel
Which mode moves no international tonnage for the United States? Answer -
None of the above
A free trade agreement Answer - Lifts most or all tariffs, quotas, and other
barriers to trade between countries
A maquiladora is: Answer - A manufacturing plant in Mexico where no
Mexican import duties are paid on goods returning to the United States
Which transportation mode moves the most tonnage between the United
States and its NAFTA trading partners? Answer - Water
This financial instrument ensures the exporter gets paid and the importer
receives the goods. The instrument is issued by the importer's bank to the
exporter. Answer - Letter of Credit